Jet-Fuel Prices Have Plunged but Aren’t Resulting in Much Lower Fares

Airlines are finally getting some relief at the jet-fuel pump. Fliers may not share in the savings, though. 

Jet-fuel prices doubled in the weeks after the Iran war started, and carriers raised fares to keep up. Now fuel prices are down 40% from their peak in April, but analysts say fares aren’t likely to follow because travelers keep paying up.